Saturday, April 4, 2026 
More of the Same at Prologis
Wall street journal story on Prologis:
Its Go-Go Business Model Blown Up, ProLogis Scales Back
The trouble with this article? It fails to mention that there is no way the common stock of this company will survive.
Wed Feb 11 07:55:10 2009 EST
Prologis (PLD) downgraded to Market Perform from Outperform at Wachovia
After the company reported results, Wachovia downgraded the shares on valuation and because they believe there are some uncertainties regarding the company’s structure and its portfolio.
Does someone pay for this analysis? Some uncertainties regarding the company’s structure? This company is done. Gone. Lights out. The only uncertainty here is WHEN the stock will trade on the pink sheets.
Merrill upgrades Prologis (PLD) to buy from neutral. Target $11.
Another upgrade from the mighty Merrill. This is almost as good as their analysis back in September, Perception becomes reality.
Peace
Well said Mr. Volatility. My puts on PLD are not because I am rooting for failure- just voting to change a broken business model which does not serve customers or employees.
Comment by x factor — February 11, 2009 @ 5:58 pm
[...] of my favorite shorts of yesteryear was back in the news today with an announcement of a consent solicitation for $2.96 billion in debt [...]
Pingback by Market Rap 21 September 2009 | Trade the Picture — September 21, 2009 @ 8:23 pm
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